Riverview Hospital in Noblesville, Indiana (IN)

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Riverview Hospital
Employer Identification Number (EIN)351128943
Name of OrganizationRiverview Hospital
Address395 Westfield Rd, Noblesville, IN 46060-1425
ActivitiesHospital
SubsectionCharitable Organization
Ruling Date01/1973
DeductibilityContributions are deductible
FoundationHospital or medical research organization
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period12/1998
Assets$50,000,000 to greater
Income$50,000,000 to greater
Filing Requirement990 - Not required to file (instrumentalities of states or political subdivisions)
Asset Amount$86,703,781
Amount of Income$113,937,355
Form 990 Revenue Amount$113,937,355
National Taxonomy of Exempt Entities (NTEE)Health - General and Rehabilitative: Hospital, General


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Amount of income in 1998: $113,937,355
This organization: 

 $113,937,355
Other organizations performing similar types of work: 

 $13,972,681

Assets in 1998: $86,703,781
Riverview Hospital: 

 $86,703,781
Other organizations performing similar types of work: 

 $11,373,581

Expenses in 2004: $104,618,153
Riverview Hospital: 

 $104,618,153
Other organizations performing similar types of work: 

 $14,578,904

Income to expenses ratio in 2004: 1.1
Riverview Hospital: 

 1.1
Other organizations performing similar types of work: 

 1.1

Expenses allocated to program services in 2004: 89.2%
This organization: 

 89.2%
Other organizations performing similar types of work: 

 88.3%

Number of employees in 2004: 1,059
This organization: 

 1,059
Other organizations performing similar types of work: 

 196

Employees paid over $50,000 in 2004: 25.4%
This organization: 

 25.4%
Other organizations performing similar types of work: 

 23.5%

Grants share in income in 2004: 1.4%
This organization: 

 1.4%
Other organizations performing similar types of work: 

 0.2%

Financial snapshot ($)

Revenue for 2004

Assets at end of 2004

Expenses for 2004

Functional Expenses for 2004 ($)

Income-Producing Activities for 2004

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004
Total revenue$81,144,116$86,181,430$89,865,272$106,298,610$113,937,355
Contributions, gifts, grants, and similar amounts received$192,536$265,452$77,400$81,143$1,607,077
Contributions to donor advised funds
Direct public support$19,327$11,832$77,400$50,143$1,607,077
Indirect public support$173,209$253,620$0$0$0
Government contributions (grants)$0$0$0$31,000$0
Program service revenue including government fees and contracts$79,297,190$83,097,567$88,468,852$102,265,033$109,784,957
Membership dues and assessments$0$0$0$0$0
Interest on savings and temporary cash investments$969,465$1,705,987$260,160$2,943,752$1,809,352
Dividends and interest from securities$193,366$150,362$123,215$122,746$112,359
Net rental income or (loss)$-111,077$-24,869$386,372$248,232$-548,876
Gross rents$391,213$526,833$887,538$830,031$807,632
Less: rental expenses$502,290$551,702$501,166$581,799$1,356,508
Other investment income$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$-11,295$-26,939$150$177,689$-8,041
Gross amount from sales of assets other than inventory$34,565$168,184$21,715$576,555$6,301
Less: cost or other basis and sales expenses$45,860$195,123$21,565$398,866$14,342
Net income or (loss) from special events and activities$0$0$0$0$0
Gross revenue$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0
Other revenue$613,931$1,013,870$549,123$460,015$1,180,527
Total expenses$76,500,085$81,922,985$89,150,389$99,868,040$104,618,153
Program services$68,168,602$72,897,242$79,325,493$88,923,862$93,279,095
Management and general$8,331,483$8,866,902$9,599,423$10,709,582$11,068,483
Fundraising$0$158,841$225,473$234,596$270,575
Payments to affiliates$0$0$0$0$0
Net assets or fund balances at end of year$61,401,171$65,659,616$70,515,266$77,747,906$86,703,781
Excess or (deficit) for the year$4,644,031$4,258,445$714,883$6,430,570$9,319,202
Net assets or fund balances at beginning of year$56,576,819$61,401,171$65,659,616$70,515,266$77,747,906
Other changes in net assets or fund balances$180,321$0$4,140,767$802,070$-363,327
Statement of Functional Expenses (for 2004)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$104,618,153$93,279,095$11,068,483$270,575
Grants paid from donor advised funds
Other grants and allocations$20,000
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$976,939$0$976,939$0
Compensation of former officers, directors, key employees, etc.
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Salaries and wages of employees not included above$41,186,629$37,067,966$3,912,730$205,933
Pension plan contributions not included above$1,770,810$1,593,729$177,081$0
Employee benefits not included above$4,379,417$3,941,475$437,942$0
Payroll taxes$2,912,488$2,621,240$276,686$14,562
Professional fundraising fees$0$0$0$0
Accounting fees$0$0$0$0
Legal fees$331,390$298,251$33,139$0
Supplies$18,419,291$16,577,362$1,832,719$9,210
Telephone$298,852$268,967$29,885$0
Postage and shipping$225,351$202,816$22,535$0
Occupancy$1,442,364$1,298,128$144,236$0
Equipment rental and maintenance$2,283,059$2,054,754$228,305$0
Printing and publications$0$0$0$0
Travel$180,466$162,419$18,047$0
Conferences, conventions, and meetings$0$0$0$0
Interest$2,877,361$2,589,625$287,736$0
Depreciation, depletion, etc.$6,878,341$6,190,507$687,834$0
Other expenses not covered above$20,435,395$18,391,856$2,002,669$40,870
Balance Sheets
20002001200220032004
Total assets$103,283,734$107,930,599$130,609,426$137,463,418$161,034,546
Cash - non-interest-bearing$2,601,877$1,074,301$545,109$667,902$769,691
Savings and temporary cash investments$37,240$34,075$43,617$93,187$78,240
Accounts receivable less allowance for doubtful accounts$18,740,688$17,978,154$19,660,845$22,494,426$21,403,062
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0
Grants receivable$2,307,268$2,597,913$2,237,856$1,891,092$3,401,939
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0
Inventories for sale or use$1,356,161$1,699,822$1,798,532$2,041,443$2,076,841
Prepaid expenses and deferred charges$343,085$259,389$457,153$559,475$502,156
Investments - publicly-traded securities
Investments - other securities$0$0$0$0$53,674,643
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0
Investments - other$29,930,490$32,171,019$34,948,633$31,359,333$0
Land, buildings, and equipment less accumulated depreciation$46,090,606$49,928,592$64,270,829$71,252,642$72,154,628
Other assets, including program-related investments$1,876,319$2,187,334$6,646,852$7,103,918$6,973,346
Total liabilities$41,882,563$42,270,983$60,094,160$59,715,512$74,330,765
Accounts payable and accrued expenses$8,304,996$9,009,877$8,260,649$9,385,512$11,305,765
Grants payable$0$0$0$0$0
Deferred revenue$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0
Tax-exempt bond liabilities$33,537,567$33,261,106$51,833,511$50,330,000$0
Mortgages and other notes payable$0$0$0$0$63,025,000
Other liabilities$40,000$0$0$0$0
Total liabilities and net assets/fund balances$103,283,734$107,930,599$130,609,426$137,463,418$161,034,546
Total net assets or fund balances$61,401,171$65,659,616$70,515,266$77,747,906$86,703,781
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004
Total revenue$0$0$0$0$0
Total revenue, gains, and other support per audited financial statements$0$0$0$0$0
Other expenses$0$0$0$0$0
Net unrealized gains on investments$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0
Other$0$0$0$0$0
Other revenue$0$0$0$0$0
Investment expenses$0$0$0$0$0
Other$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004
Total expenses$0$0$0$0$0
Total expenses and losses per audited financial statements$0$0$0$0$0
Other revenue$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0
Prior year adjustments$0$0$0$0$0
Losses$0$0$0$0$0
Other$0$0$0$0$0
Other expenses$0$0$0$0$0
Investment expenses$0$0$0$0$0
Other$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings0
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?
Does the organization have a written conflict of interest policy?
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?
Did the organization acquire a direct or indirect interest in any applicable insurance contract?
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Number of employees employed in the pay period that includes March 12, 20061,059
Analysis of Income-Producing Activities (for 2004)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$2,545,321$109,784,957
Program service revenue
Program service revenue 1000000$000$0$107,515,108
Program service revenue 2000000$000$0$147,674
Program service revenue 3000000$000$0$1,954,799
Program service revenue 4000000$000$0$167,376
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$1,809,352$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$112,359$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$0Real property rental income that does not depend on the income or profits derived by the person leasing the property and is excluded by section 512(b)(3)$-548,876$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$-8,041$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$0Section 501(c)(3) organization - Income from an activity carried on primarily for the convenience of the organization's members, students, patients, visitors, officers, or employees (hospital parking lot or museum cafeteria, for example) (section 513(a)(2))$1,180,527$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2004)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2004)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$262,848$15,578$0
$242,132$13,025$0
$254,151$20,089$0
$275,904$23,363$0
$277,671$20,089$0
Total number of other employees paid over $50,000264
Statements About Activities (for 2004)
Expenses paid or incurred in connection with the lobbying activities$8,144
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year
The aggregate value of assets held in all donor advised funds owned at the end of the tax year
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts
The aggregate value of assets held in all funds or accounts included above at the end of the tax year
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isHospital, or a cooperative hospital service organization
Support Schedule
19992000200120022003
Total$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0
Membership fees received$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0
Other income$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2004)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Saint Johns Health System2015 Jackson St, Anderson, IN 46016-4337IN1946-03$142,108,692
2Riverview Hospital395 Westfield Rd, Noblesville, IN 46060-1425IN1973-01$113,937,355
3United Helpers Nursing Home Inc8101 State Highway 68, Ogdensburg, NY 13669-4403NY1970-06$15,273,370
4Cameron Memorial Community Hospital Inc416 E Maumee St, Angola, IN 46703-2015IN1938-11$55,871,283
5Southern Indiana Rehabilition Hospital, Southern Indiana Rehab Hospital3104 Blackiston Blvd, New Albany, IN 47150-9579IN1998-03$18,202,586
6Community Hospital Of BremenPO BOX 8, Bremen, IN 46506-0008IN1949-07$16,559,053
7Community Hospital Of Bremen Foundation Inc1020 High Rd, Bremen, IN 46506-1093IN1992-01$141,000
8Alverno-Michigan City Corporation, Northern Indiana Medical Laboratory2434 Interstate Plaza Dr, Hammond, IN 46324-3361IN1946-03$0
9Clark Memorial Hospital1220 Missouri Ave, Jeffersonvlle, IN 47130-3725IN1970-01$0
10Community Advanced Life Support Consortium Inc123 Nw 47th St Ste 317 Court Bldg, Evansville, IN 47708IN1995-08$0
11Good Samaritan Hospital520 S 7th St, Vincennes, IN 47591-1038IN1997-06$0
12Jasper County Hospital1104 E Grace St, Rensselaer, IN 47978-3211IN1989-03$0
13Lafayette Home Hospital Inc2400 South St, Lafayette, IN 47904-3027IN1928-07$0
14Methodist Health Group Inc950 N Meridian St Ste 800, Indianapolis, IN 46204-3910IN1936-12$0
15Porter Memorial Hospital814 Laporte Ave, Valparaiso, IN 46383-5860IN1973-12$0
16Putnam County Hospital1542 S Bloomington St, Greencastle, IN 46135-2212IN1997-02$0
17Scott County Memorial Hospital, Affiliated With Jewish HospitalPO BOX 430, Scottsburg, IN 47170-0430IN1977-01$0
18Washington County Hospital911 N Shelby St, Salem, IN 47167-2304IN1980-07$0
19White County Memorial Hospital720 S 6th St, Monticello, IN 47960-8182IN1978-02$0
20Woodlawn Hospital1400 E 9th St, Rochester, IN 46975-8931IN1976-12$0
Number of organizations performing similar types of work
Alaska2
Alabama4
Arkansas10
Arizona70
California20
Colorado2
Connecticut2
District of Columbia1
Delaware1
Florida12
Georgia9
Hawaii3
Iowa15
Idaho1
Illinois16
Indiana21
Kansas13
Kentucky18
Louisiana4
Massachusetts8
Maryland6
Maine8
Michigan28
Minnesota12
Missouri11
Mississippi3
Montana10
North Carolina11
North Dakota8
Nebraska8
New Hampshire3
New Jersey8
New Mexico1
Nevada2
New York20
Ohio24
Oklahoma13
Oregon3
Pennsylvania27
South Carolina6
South Dakota6
Tennessee19
Texas24
Utah1
Virginia12
Vermont3
Washington8
Wisconsin16
West Virginia9
Total542

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